Since UKOIL & USOIL have a positive correlation , I won't give a detailed description as I already posted an idea on UKOIL with a well detailed description. You can find the link to the IDEA below.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.